Mowi Q3 results show high volumes, lower earnings

By Robert Outram | November 4, 2020

Mowi Scotland continued to be affected by a series of biological problems during the third quarter of this year, it emerged today – but improvements are on the way. The world’s largest farmed salmon producer has published its Q3 results which show, as expected, it achieved a global EBIT of €80 million, against €148 million…

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Mowi drops dividend and reduces headcount

By Dave Edler | August 27, 2020

Mowi has unveiled plans to reduce its headcount by ten per cent as Covid-19 continues to take a toll on financial performance. And it is not paying a dividend for the first two quarters of this year. The world’s largest salmon farmer made the announcement as it reported a 2020 second quarter EBIT of 99…

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Biology blights Mowi Scotland results

By Dave Edler | May 13, 2020

CONTINUING challenging biological issues was the main factor which led to a large drop in operational EBIT or profits at Mowi’s Scottish operations during the first three months of this year, the group’s Q1 results show. The Scottish operational EBIT was 5.7 million euros compared with €35.8 million 12 months ago, and the equivalent of…

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